9.27 Zhang Lihui: There is still room for the rise of Bitcoin, continue to buy low and enjoy! Today's latest Bitcoin (BTC) market analysis and trading recommendations

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5 hours ago

9.27 Zhang Lihui: Bitcoin Market Analysis and Operation Suggestions:

Good news is coming again. Everyone can take a look at the recent low long layout, which has been very profitable. The long position in the range of 2550-2580 for Ethereum from the day before yesterday was closed at 2630-2660, gaining a profit of 70-80 points; the low long layout for Bitcoin from yesterday at 62400-62800, as predicted by Lihui, indeed broke through last night and reached above 65500, gaining 2700 points. It's been another exciting week.

Looking at the 1-hour chart for Bitcoin, the Bollinger Bands are opening upwards, and after reaching 65700, the price is showing a pullback. From the current market situation, the bullish indicators are still relatively strong, and the short-term moving averages do not show any significant turning points, including the midline and EMA30 continuing to rise. Although the DIF and DEA are currently showing a brief convergence, Lihui believes that it will rebound.

The 4-hour Bollinger Bands are also opening upwards, and all the moving averages are showing a bullish signal. The MACD is still above the 0 axis with increasing volume, and the golden cross is still continuing, indicating that the price still has room to rise.

The daily Bollinger Bands continue to open upwards, and the price has already broken through the high point of the 23rd, so the next round will be aiming for the high point of the 31st and the top trend line. Keep an eye on the strength of the market when the EMA30 and EMA60 break through the overlapping position of EMA120 and EMA80.

Based on the above indicators, Lihui believes that the bullish trend still exists. In terms of operation, it is still recommended to focus on long positions during pullbacks, and to consider shorting when the range is not broken at the high level.

Lihui suggests going long near the 64100-64600 range during the pullback; reserve the 63800-63500 range for additional positions, set a stop loss at 63300, and aim for 65500-66000-66700; if it breaks through 66800-67000, it can be held until above 67500.

For short positions, consider entering at 66700-67000 without breaking, with a target of 1500-2000 for profit-taking.

Article reviews may be delayed, and the market changes rapidly. Specific entry opportunities need to be combined with actual trading operations, and real-time notifications should be followed. The suggested points in the article are for reference only. Do not overweight your positions, and set stop loss and take profit when entering the market.

I, Lihui, interpret world economic news and analyze the global trend of the cryptocurrency market. During my studies in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. For those who are not familiar with trading, feel free to leave comments and messages!

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This article is exclusively published by (WeChat Official Account: Zhang Lihui) for reference only. All risks are assumed by the reader. May we remain humble and brave in the complex cryptocurrency market, unafraid of challenges and eager to explore. Just as "The road ahead is long and filled with obstacles, yet I will persevere and seek." I hope that we will keep pace with the times, gain wisdom, travel thousands of miles, experience storms, and comprehend life.

Under Lihui's guidance, may you seize opportunities, create value, remember the market's baptism, and stay true to your original intentions. In the wave of digital currency, may we hold onto our beliefs, move forward bravely, and jointly compose the future's brilliant chapter, sharing the joy of success. Let us advance together and create brilliance in this investment journey full of challenges and opportunities!

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